MONTAGU EVANS ADVISES IN - TRANSPORT & INFRASTRUCTURE
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MONTAGU EVANS ADVISES IN... TRANSPORT & INFRASTRUCTURE
CONNECTING TRANSPORTATION
HUBS THROUGHOUT THE UK.
Efficient and integrated transport improve connectivity and efficient
networks are the foundation of infrastructure; combining public and
our economy, having far-reaching private sector expertise to advise
KEY FACTS...
effects on the environment and on each and every opportunity.
society. They can be a catalyst for
transforming communities, unlocking WHAT’S HAPPENING IN THE
new homes and employment
opportunities.
MARKET?
In a changing world, the role and
requirements of transport and
With that comes the need for
£2.2M REDUCTION ACROSS 350 community engagement, an
infrastructure are becoming more
pertinent, with consumer demands
ASSETS IN STAGECOACH’S RATING understanding of the relevant
shifting and the ever increasing
LIABILITY IN THE PAST NINE YEARS. Local Authority and development
opportunities as well as specialist
demands from the logistics and
delivery sector. In such periods of
expertise in statutory compliance,
change we recognise the important
project delivery, operational
not only in the delivery of refined
constraints, valuation, asset
transport and infrastructure
management and rationalisation.
OVER 30 PROPERTIES ACQUIRED solutions, but also in the opportunity
to release value or create revenue
IN THE BOROUGH MARKET AREA However, there’s also stark
generating sources from the surplus
TO SUPPORT THE DELIVERY OF differences between urban housing,
office or retail developments being
estate. Montagu Evans is committed
THAMESLINK. located near well-connected rail
to delivering comprehensive
solutions that provide commercially
and other transport links versus
sound solutions to the changing
development proposed in the
transport and infrastructure
grounds of rural homes and on
requirements of the modern world.
£300M LAND VALUATION ADVICE greenfield land. Working for the
public sector, developers, private
PROVIDED TO TFL TO RELEASE THE businesses and landowners we
CAPITAL VALUE FROM THEIR ESTATE understand the need for maintaining
WITHIN GREATER LONDON. the tranquillity and environment
of rural life as well as the desire to
TAKING AN
INTEGRATED
APPROACH...
Our specialist sector teams span across the entire planning
INDUSTRIAL
& LOGISTICS
HISTORIC
ENVIRONMENT
HEALTHCARE
and development lifecycle from inception and feasibility testing,
through planning, CPO, delivery and place management; all
supported by complementary property services from rating
advice to agency and lease advisory.
RETAIL & TRANSPORT &
Well considered projects combined with a clear vision brings LEISURE INFRASTRUCTURE
together a variety of stakeholders to ensure that infrastructure is
flexible, adequate, and can adopt to the changing requirements of
the modern world. Successful delivery depends on fully integrated
BUILDING
solutions that deliver operational efficiency whilst balancing
SUSTAINABLE
economic, social and environmental sustainability.
COMMUNITIES.
ALTERNATIVE OFFICES
LIVING
LOCAL &
EDUCATION CENTRAL
“THE PARTNERS ARE OPEN, LISTEN TO CLIENT NEEDS AND SEEK GOVERNMENT
TO ENGAGE IN FINDING SOLUTIONS.” HOUSING
JOHN RICHARDS, DEFRA
INTEGRATED
SOLUTION
EXETER BUS DEPOT
STAGECOACH
Stagecoach have expressed their support for park and
rides as a sustainable way forward for most UK cities.
Working with Stagecoach and Exeter City Council,
Montagu Evans advised on the relocation of the
company’s city centre bus depot to Matford Park,
freeing up a 1.43 acre site next to the proposed
£70 million Princesshay extension. The sale of the
remainder of the city centre lease and subsequent
long leasehold purchase of the new depot site enabled
Stagecoach to secure its long-term future in the town.
We worked with Stagecoach to acquire a six-acre site
close to their main bus routes. The depot occupies
two-acres and the remaining four-acres is used to park
the buses overnight. This space is used as a park and
ride throughout the day, generating additional income.
The new development is the first in the country to
combine a bus depot with park and ride facilities which
has significant environmental and economic benefits.
We then identified Stagecoach’s former city centre site
as a potential student housing location, introducing
proposals for a 588-bed development with retail
space in line with the Council’s brief for retail and
leisure-led regeneration in the city centre. We secured
planning consent in late 2016, with construction on site
underway and expected to complete in time for the
2019 academic year.
Over the last three years we have sold nine inefficient
depots and acquired new assets that were fully funded
“WE WERE DELIGHTED TO WORK IN PARTNERSHIP WITH MONTAGU EVANS AND EXETER CITY COUNCIL ON THIS PROJECT. from the sales. From these sales, we have not only
ensured a modern operation for Stagecoach, we have
IT HAS MADE A SIGNIFICANT CONTRIBUTION TO THE ONGOING REGENERATION OF EXETER CITY CENTRE, DELIVERED A made over £15 million in net profits and improved
NEW STATE-OF-THE-ART BUS DEPOT AND PARK AND RIDE FACILITY, SAFEGUARDED HUNDREDS OF LOCAL JOBS, AND business performance.
HELPED CREATE NEW HOUSING WHICH WILL HELP HUNDREDS OF YOUNG PEOPLE AT A KEY STAGE OF THEIR LIVES.”
STAGECOACH UK BUS FINANCE DIRECTORUNLOCKING
POTENTIAL...
THAMESLINK MAJOR
INFRASTRUCTURE
PROJECT
NETWORK RAIL COLLABORATIVE
Phased acquisition of land to facilitate
the delivery of a major rail infrastructure
APPROACH...
project through Central London including
Farringdon, Blackfriars and London POPLAR DLR DEPOT OVER
Bridge Stations, as well as the Borough
Market Area.
SITE DEVELOPMENT
TRANSPORT FOR LONDON
The project involved:
• Negotiation of commitments in Montagu Evans attended regular project
response to TWA order objections meetings over the course of nine months,
• Valuations and purchases in response with consultants working closely together to
to Blight Notices solve the technical issues around delivering
• Permanent acquisitions and claims a deck and development above, as well as a
for relocation/business closure and new bridge link over Aspen Way directly into
temporary acquisition of work sites Canary Wharf Crossrail station.
• Preparing expert evidence for Upper
Tribunal proceedings The team reviewed all potential uses and
• Regeneration and development advice identified the most viable Over Depot
• Landlord and tenant advice Development (ODD) mix including up to 2,000
• Route wide Property Cost Estimate homes within a mixed use scheme, as well as
phasing approach and affordable housing
Delivering 150 acquired interests with the distribution. Working with KPMG we also
handover of property interests delivered identified potential Joint Venture structures
on time, land assembly costs on budget and ran master appraisals to identify
and the majority of claims resolved by viability. 30 developers and contractors were
agreement. approached and considered to take on a role
in delivering the development as part of a soft
market testing process.UNLOCKING
POTENTIAL...
GOOLE, AREA 36
SIEMENS MOBILITY
Montagu Evans was instructed by Siemens Mobility
to advise on and secure planning permission for the
construction of a train manufacturing facility in Goole,
East Riding to expand upon Siemens’ existing rail
operations in the UK, including the manufacture of new
trains to service the Piccadilly Line.
Siemens’ proposals comprised development of up
to 85,000 sq m of manufacturing and commissioning
buildings, warehouses and offices, together with
stabling sidings, a 1 km test track and other associated
landscaping and infrastructure, and a link to the existing
rail network. The development will enable Siemens to
deliver a new state-of the-art facility representing a
significant investment of up to £200 million generating
in the order of 700 jobs when fully operational, in
addition to around 250 jobs in the construction phase.
Montagu Evans advised from the outset in relation to
the site selection (based on an England wide search
area), site appraisal and strategy for the planning and
development process in order to facilitate phased
delivery.
Further to close engagement with East Riding of
Yorkshire Council the scope of a development proposal
was agreed which would form a hybrid application with
detailed permission sought for early phase enabling
works related to drainage and outline consent for
future phases comprising a train manufacturing
facility, offices, warehousing a test track, car parking
servicing facilities and associated landscaping and
KEY HIGHLIGHTS infrastructure.
• Lead planning and development advisors;
Following approval of the masterplan, Montagu Evans
• Strategic masterplanning role;
continued to advise Siemens on progressing detailed
• Subsequent role in delivery of multiple phases and detailed approvals;
proposals for the phased development, and a series of
• Stakeholder engagement.
reserved matters applications were submitted to and
approved by the Council.WORKING WITH
OUR CLIENTS.. “WE HAVE WORKED WITH MONTAGU EVANS
LLP OVER 15 YEARS. DURING THIS TIME, WE
HAVE FOUND THE QUALITY OF ADVICE, THEIR
LEVEL OF SERVICE AND THEIR PROACTIVITY
TO BE OF THE HIGHEST ORDER. THEY
HAVE TAKEN TIME TO UNDERSTAND OUR
BUSINESS, ITS NEEDS AND ISSUES, AND IN
PARTICULAR OUR PROPERTY PORTFOLIO.
WE DEAL AT ALL TIMES WITH KEY PARTNERS
AND THEIR AGENCY/DEVELOPMENT,
PLANNING, VALUATION EXPERTISE AND
CONTACTS HAVE HAD A SIGNIFICANT
FINANCIAL BENEFIT FOR THE BUSINESS
AS A WHOLE. AT THE SAME TIME THEY
HAVE STREAMLINED AND SIMPLIFIED OUR
PROPERTY PORTFOLIO. MONTAGU EVANS
ARE PARTICULARLY GOOD AT DEALING WITH
DIFFICULT PROPERTY SITUATIONS AND THEY
HAVE BEEN A PLEASURE TO WORK WITH.”
STAGECOACH UK BUS FINANCE DIRECTORSIMON ROGERS
MEET THE TEAM...
IS A PARTNER SPECIALISING IN
DEVELOPMENT
T 020 7866 7601
E simon.rogers@montagu-evans.co.uk
SAMUEL BLAKE ROGER SEWELL
IS HEAD OF TRANSPORT AND INFRASTRUCTURE IS A PARTNER SPECIALISING
SECTOR SPECIALISING IN DEVELOPMENT IN VALUATION
T 020 7866 7602 T 020 7312 7457
E samuel.blake@montagu-evans.co.uk E roger.sewell@montagu-evans.co.uk
TIM EARL JODY SMITH
IS A PARTNER SPECIALISING IS A PARTNER SPECIALISING IN INDUSTRIAL AND
IN LAND ASSEMBLY AND COMPULSORY PURCHASE LOGISTICS
T 020 7312 7477 T 020 7866 8696
E tim.earl@montagu-evans.co.uk E jody.smith@montagu-evans.co.uk
JON BRADBURN DR TIMUR TATIOGLU
IS A PARTNER SPECIALISING IS A PARTNER SPECIALISING IN
IN PLANNING HERITAGE AND TOWNSCAPE
T 020 7312 7452 T 020 7312 7413
E jon.bradburn@montagu-evans.co.uk E timur.tatlioglu@montagu-evans.co.uk
JANE BRADSHAW RICHARD WACKETT
IS A PARTNER SPECIALISING IS A PARTNER SPECIALISING IN
IN LAND ASSEMBLY AND COMPULSORY PURCHASE RATING
T 020 7312 7482 T 0161 241 8201
E jane.bradshaw@montagu-evans.co.uk E richard.wackett@montagu-evans.co.uk
JENNY RYDON CRAIG BLATCHFORD
IS A PARTNER SPECIALISING IS A PARTNER AND HEAD OF PLANNING
IN DEVELOPMENT AND ESTATE STRATEGY
T 020 7493 4002 T 020 7866 8607
E jenny.rydon@montagu-evans.co.uk E craig.blatchford@montagu-evans.co.uk
JOHN PERCY TOM LOAKE
IS A PARTNER SPECIALISING IS AN ASSOCIATE SPECIALISING IN
IN DEVELOPMENT AND REGENERATION DEVELOPMENT
T 020 7312 7505 T 020 7312 7425
E john.percy@montagu-evans.co.uk E tom.loake@montagu-evans.co.ukFOR MORE INFORMATION ABOUT OUR
THINKING AND WORK WITHIN
TRANSPORT AND INFRASTRUCUTRE
MONTAGU-EVANS.CO.UK
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